“SoftBank Plunges After Vision Fund Loss and WeWork Collapse”
November 14, 2023
” SoftBank Group Corp.’s shares tumbled after its flagship Vision Fund reported another loss with the drop in valuations at WeWork Inc. and other portfolio companies on top of foreign exchange losses. Shares fell as much as 9.3% on Friday, the most in a year.
The losses come just as Masayoshi Son pursues new startup deals. The Vision Fund segment lost ¥258.9 billion ($1.7 billion) through the end of September… SoftBank Group as a whole had a net loss of of ¥931.1 billion…”
https://finance.yahoo.com/news/softbank-vision-fund-reports-another-060855084.html